Which of the Following Is Not a Favorable Situational Condition

question 127

Multiple Choice

Which of the following is not a favorable situational condition that may facilitate change in an organizational culture?

• A) the culture is weak
• B) the organization is young and small
• C) stock prices remain constant
• D) a dramatic crisis occurs

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Definitions:

Debits and Credits

Accounting entries that either increase or decrease accounts on a company's balance sheet and income statement.

Posting Process

The act of transferring entries from a journal to the corresponding accounts in the ledger as part of the accounting cycle.

Journal

A detailed record of all financial transactions, used as the primary source for all accounting entries.

Ledger

A comprehensive collection of a company's financial accounts, transactions, and balances over a period.